Business
Ex-ANAN Boss Seeks Removal Of Barriers On FTZs
Former President, Association of National Accountants of Nigeria (ANAN), Dr Samuel Nzekwe, has advised the Federal Government to remove barriers hindering development of Free Trade Zones (FTZ) in the country.
Nzekwe gave the advice in an interview with newsmen in Lagos recently.
He urged the Federal Government to solve the challenges in the areas of infrastructure, slow response to changes in global trend and high cost of borrowing.
Nzekwe added that inconsistency in policies were also key factors that negated development of FTZ.
He called on the Federal Government to work with other relevant government agencies such as the Nigerian Customs Service and the Nigerian Immigration Service to make the zones attractive.
According to him, the removal of trade barriers will generate employment, boost export of local products and increase foreign exchange earnings for the country.
He said, in addition, it would encourage foreign investments in the country.
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